Carnival (CCL) Enterprise Value (2009 - 2026)
Carnival's Enterprise Value came in at $36.21 billion for fiscal Q2 2026 (quarter ended May 31, 2026), up 45.0% from $24.96 billion a year earlier but down 3.9% from the prior quarter.
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Analysis
Carnival (CCL) Enterprise Value (2009 - 2026) Analysis & Trends
Over the trailing twelve months to May 31, 2026, Carnival reported Enterprise Value of $31.09 billion, up 45.3% year-over-year; for FY2025 (ended Nov 30, 2025), it was $29.97 billion, up 5.5% from FY2024.
- Enterprise Value has increased in each of the last three fiscal years, with a five-year compound annual growth rate of 38.1% (FY2020 to FY2025).
- Going back by fiscal year, Enterprise Value was $28.4 billion in FY2024 (+96.6%), $14.44 billion in FY2023 (+105.5%), $7.03 billion in FY2022 (-14.7%) and $8.24 billion in FY2021 (+38.0%).
- The five-year range for quarterly Enterprise Value is $3.46 billion (fiscal Q3 2022) to $37.68 billion (fiscal Q1 2026).
- Year-over-year, Enterprise Value has increased for 13 consecutive quarters, with growth averaging 55.5% over the last eight quarters.
- The fastest year-over-year change in Enterprise Value over five years came in fiscal Q3 2023 (growth of 330.3%), and the weakest in fiscal Q3 2022 (a decline of 78.2%).
- Business Quant data shows CCL's Enterprise Value at $37.68 billion (Q1 2026), $29.97 billion (Q4 2025) and $35.47 billion (Q3 2025) in the three fiscal quarters before Q2 2026.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) |
|---|---|---|---|---|
| 1 | Marriott International | 93.50 Bn | 91.55 Bn | 1.55 Bn |
| 2 | Hilton Worldwide Holdings | 72.30 Bn | 68.78 Bn | 3.08 Bn |
| 3 | Royal Caribbean Cruises | 64.91 Bn | 62.49 Bn | 2.29 Bn |
| 4 | Viking Holdings | 35.75 Bn | 20.87 Bn | 996.62 Mn |
| 5 | Carnival | 30.35 Bn | 23.01 Bn | - |
| 6 | Intercontinental Hotels | 26.52 Bn | 22.08 Bn | - |
| 7 | Trip.com | 25.92 Bn | -19.63 Bn | 1.84 Bn |
| 8 | Hyatt Hotels | 15.20 Bn | 12.68 Bn | 388.00 Mn |
| 9 | H World | 13.30 Bn | 4.22 Bn | - |
| 10 | Atour Lifestyle Holdings | 8.20 Bn | 4.90 Bn | 493.22 Mn |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| May 31, 2026 | 36.21 Bn |
| Feb 28, 2026 | 37.68 Bn |
| Nov 30, 2025 | 29.97 Bn |
| Aug 31, 2025 | 35.47 Bn |
| May 31, 2025 | 24.96 Bn |
| Feb 28, 2025 | 27.08 Bn |
| Nov 30, 2024 | 28.40 Bn |
| Aug 31, 2024 | 17.52 Bn |
| May 31, 2024 | 15.28 Bn |
| Feb 29, 2024 | 15.56 Bn |
| Nov 30, 2023 | 14.44 Bn |
| Aug 31, 2023 | 14.87 Bn |
| May 31, 2023 | 8.10 Bn |
| Feb 28, 2023 | 6.40 Bn |
| Nov 30, 2022 | 7.03 Bn |
| Aug 31, 2022 | 3.46 Bn |
| May 31, 2022 | 6.60 Bn |
| Feb 28, 2022 | 13.19 Bn |
| Nov 30, 2021 | 8.24 Bn |
| Aug 31, 2021 | 15.88 Bn |
API Access
Carnival Enterprise Value API
Pull this series into your own models, spreadsheets and apps with the Business Quant
Historical Metrics API. The request below matches the chart above — change the
frequency, period or values and it follows. Swap YOUR_API_KEY for your own key.
https://data.businessquant.com/historic?slug=enterprise-value&ticker=CCL&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "enterprise-value", "ticker": "CCL", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()const res = await fetch("https://data.businessquant.com/historic?slug=enterprise-value&ticker=CCL&period=max&api_key=YOUR_API_KEY");
const data = await res.json();